news out on rdim
RDI Marketing to Hold Conference in Las
Vegas to Introduce Management Team and
Unveil Web Site to Financial Industry
Business Wire - January 19, 1999 12:23
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Jan. 19, 1999--RDI
Marketing Inc. (Symbol:RDIM) announced today that it has planned a
corporate meeting at Caesar's Palace and Convention Center in Las Vegas.
The meetings have been scheduled for Friday and Saturday, Jan. 22 and 23,
1999.
The meeting venue will serve to introduce the management team of RDI
Marketing to several potential firms that have expressed preliminary interest in
becoming part of the initial consolidation of the private buying club industry.
Several announcements regarding the specific structure and implementation
schedule of the continuing financing of RDI Marketing Inc. will be released
following these meetings.
RDI Marketing Inc. is currently in the development stage, and expects that the
businesses and management attendees will become part of an operating
management team of the consolidated entity.
Also attending are investors and investment bankers representing additional
financial support, which allows the company to conclude its strategic plans.
The company expects to be operational during the first quarter of 1999.
RDIM was organized to become the largest private wholesale consumer
buying network in the United States. Through RDIM's world class
management staff, the company is striving to transform an industry comprised
of fragmented single unit operations. RDIM's plans will revolutionize the
existing industry, through its state-of-the-art e-commerce technology. RDIM
takes advantage of the combined power of the Internet, demographic and
psychographic customer profiling, and sophisticated database marketing to
expand membership and solidify membership loyalty.
RDIM's e-commerce service will allow members to comparison shop among
multiple manufacturers and suppliers. Additionally, the site will have live links
for updated and current catalogue information. For those consumers who are
not computer literate, in addition to the physical locations, RDIM is adopting
WEB TV type technology to enable home-style shopping like QVC. The
difference, of course, is that instead of waiting for the cubic zirconium to
become available at 3 AM, you can make your own choices for products and
time. The site will also offer live audio and video product presentations
sponsored by the vendors.
Safe Harbor for Forward-Looking Statements: Except for historical
information contained herein, the statements in this press release are
forward-looking statements that are made pursuant to the safe harbor
provisions of the Private Securities Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties which may
cause the company's actual results in the future periods to differ materially from
forecasted results. These risks and uncertainties include, among other things,
product price volatility, product demand, market competition, risk inherent in
the company's domestic and international operations, imprecision in estimating
product reserves and the company's ability to replace and expand its holdings.
CONTACT: Fortune Marketing & Capital Consultants Inc.
Investor/Media Relations
407/696-2221
email: editor@smallcapjournal.com
www.smallcapjournal.com
Headlin |
